Mortgage Rates January 2024 Canada

Mortgage Rates January 2024 Canada. Comparing mortgage rates with ratehub.ca. As of january 2024, the overnight and deposit rates are 5%, while the bank rate is 5.25%.

View the latest data on the government of canada’s purchases and holdings of canadian mortgage bonds. Rates on some fixed mortgages have dropped by a full percentage point in the past few months, opening up an opportunity for canadians eyeing the spring housing market.